The property project is proceeding smootly as planned by the mgmt.
Notice ALCOM mgmt has no issue with coming out with the balance Rm92 m to complete the purchase ?
it shows the Banks have confidence in this game changer transformation for ALCOM !

Great news ! notice smart buyer quickly eat up limited lelong stocks on offer ?
have confidence and patience until end-Aug when the nxt Qtr results will be out.

@singh1 thks for your sharp deductions !

With Jack Ma being the active driver of Malaysia's Digital Free Trade Zone (DFTZ) and his group setup of e-fulfillment hub here, the local e-commerce industry will sure grow by leaps n bounce, and fuel big demands for ALCOM's property industry park which is tailored for SME's in the e-commerce business.
This project will sell like hot cakes ! hope it get launched earlier than the scheduled date (next year) and it will be a great idea if ALCOM can tap into the Jack Ma connections !

actually, only 2 days of low volume (5,000 shares) sale at lelong 0.715 sen,
could be due to concern over the -ve sentiment by seller or cunning fox throw low, to try generate panic sale.
not worrying, as the news ahead is bright on earnings n progress towards mgmt's vision on the 2nd earnings front in niche e-commence property front.
So, these kedekut buyers can continue to wait for their cheap sale price n pay much, much higher later, As is shown today, ALCOM holders are not interested to sell below 89 sen !

Great resolve shown by all ALCOM holders today, will not give in to these kedekut buyers offering so unreasonable buy price of 72.5 sen when NTA is 89 sen . no deal !

those of us who attended the recent AGM and met with ALCOM's BOARD , notably chief executive officer cum president Heon Chee Shyong, Group MD Dato Lim Chee Khoon , ED Yeoh Jin Hoe,and their mgm team, will be impressed with their vision, business strategies and focus to make ALCOM a transformed growth enterprise , with manufacturing and property revenues within next 12 months.

Their only drawback seem like, these guys are totally focused on the business , to deliver good results and dont play play their shares in the market...
So, we small investors, just have to change our mindset, to act as part business owners with these top notch ALCOM taikos and wait patiently for the results to show, esp. the Qtr results in August..hahaha..
meantime, lets not sell ALCOM short, its definately worth much more then 89 sen..!!

70% of ALCOM's revenue (mainly coated finstock for air-cond) comes from export sales. With Aluminium prices still above Rm2000 and Rm weakened to below 4.00 to US $, increased revenue growth is expected in 2nd Qtr ending June 2018.
With the startup expenses for the property subsidiary already allocated in 1st Qtr, the coming 2nd Qtr results should be bright and strong, as hinted by Alcom chief executive officer cum president Heon Chee Shyong.
So, let's be patient and stay positive !

pls note :
' expects a strong year for the financial period ending Dec 31, 2018 despite the geopolitical risks and external headwinds that have caused uncertainty for the business.'

http://www.theedgemarkets.com/article/aluminium-stay-above-us2000-near-term

Alcom chief executive officer cum president Heon Chee Shyong said aluminium pricing has been volatile for the past one month and will remain so going forward in light of geopolitical risks.

“Aluminium prices are fluctuating more than it’s fundamentally justified,” said Heon, adding that: “It (prices) is rather geopolitical-influenced at the moment.”

On the group’s prospects, the aluminium sheet and foil products maker expects a strong year for the financial period ending Dec 31, 2018 despite the geopolitical risks and external headwinds that have caused uncertainty for the business.

The demand for its products is still stable and its key market in Europe is holding strong, said Heon. The group also intends to continue to seek out and penetrate other new geographies for market expansion and to improve margins.

On the other hand, Alcom is also set to develop a property project with a gross development value of about RM500 million in Kota Damansara.

Its managing director Datuk Lim Chee Khoon said the land to be acquired in Kota Damansara, Selangor will be developed into an e-commerce hub comprising showrooms, offices and storage spaces to serve the growing needs of digital businesses.

Yes, hopefully this forum will be hot again very soon since the key resolutions are now approved and positive news flows starts for ALCOM...

notice the rare strong buying momentum today ? (9 of 11 trans. as at 4.32 pm)
let's hold firm, n be patient a bit longer, NTA is 89 sen..haha

key take-away from today's AGM/CCM/EGM:

a) all resolutions were approved by poll taken, by mostly 100% of voters/proxy present
b) v. impressed by the BOARD chairman n members, who were able to answer questions from the floor, in a clear and patient manner
c) no plans for rights issue at this moment
d) no plans to activate Share-buy-back at the moment, BOARD prefer to use the funds to invest in the business , to enhance value for shareholders
e) BOARD is optimistic that future is good for ALCOM and is working hard to ensure shareholders get good dividends and capital returns when the current proposals are implemented over the next 2 years.

Conclusion/ my view :
the current low share price is a golden window of opportunity to add more shares, as it is still below NTA of 89 sen.
shd see ALCOM share increase in value by the next Qtr results announcements

no idea, just have to go and find out..
looking more for positive msg from the BOARD on ALCOM's prospects

correction : AGM/EGM is on thurs. 7th June, hopefully it will be a good week for ALCOM's share price !

ALCOM has great potential to outperform by end of the year, AGM/EGM is next week on 6th June, could see some upside, as the NTA is 89 sen , with conservative prospective PE of 7.
But for short-term punters, better to look elsewhere, as the volume is still too low for easy trading gains

Ouch !! a big disappointment , in the results, although there were a lot of extra expenses lumped into this Qtr, , expenses incurred in the current reorg n setup of the property division.
So, next Qtr should revert to normal expected margins n more respectable net profit.
At closing price of rm0.75 and NTA of rm0.89 , the downside should be limited here.
Just have to be patient a bit longer for results to show n the new property segment to weigh in, prospects remain optimistic..

ALCOM's 1st Qtr net profit dropped 95% compared to previous Qtr, although revenue was commendable at rm101 million.

The Group’s revenue declined marginally by RM2.33 million in Q1 FY2018 as compared to Q3
FP2017 resulting from a small drop in shipment volume. The coated fin and bare fin product
categories which were mainly destined for export markets registered higher shipment volumes
which were offset by lower volumes in the other product categories.
However, the strengthened ringgit vis-à-vis the USD currency impacted the revenue as
the export shipment volume increased by 4%.

The Group recorded a profit before tax of RM0.72 mllion; lower than the immediate preceding
quarter’s achievement of RM4.02 million.

This decline was mainly due to a lower contribution attained,increased provision for advertising & promotion and higher finished materials scrapped.
In addition, legal and professional fees was higher , which were incurred in the engagement of
professional services for the on-going corporate proposal of the Group.
These were partially offset by lower repairs and maintenance costs.

Contribution was lower due mainly in to a metal price lag impact and increased usage of external
rerolls to supplement in-house production capacity.

Metal price lag was a loss in Q1 FY2018 compared to a gain in Q3 FP2017.

In addition, the property segment expenses totaling
RM0.77 million were incurred in Q1 FY2018.
These were mainly related to promotional pre-development expenses and staff costs.

*metal price lag refers to timing differences experienced on the pass through of changing
aluminium prices based on the price we pay for aluminium and the price we charge our
customers after the aluminium is processed
.
B3. Commentary on Prospects
There is a global upswing of growth across the US and Eurozone as well as in the emerging markets.

However, any further escalation in trade conflict between China and US may create global
uncertainties and impact the Group, as a significant portion of the Group’s products are exported.

Against this geopolitical uncertainty, the Group is committed to remain resilient and sustain its performance by re-examining its product mix to improve margins in selected market segments whilst exploring and capturing new markets. At the same time, the continued operational focus will continue to be a priority for the Group.

according to ALCOM website, by 30/5/18, soon

observe clear signs that someone is keen to lead ALCOM price down with small lot selling, with the Qtr results out soon, wonder why ?

ALCOM's past few Qtr results shown increase of more than 20%, hope it will sustain...

smart money still collecting quietly, just raise buy price little bit, kedekut punya orang !
by nxt week or latest 30/5, 1st Q results will be out, then we see how market rerate, hold firm folks !

let's celebrate first day of BURSA , a new,vibrant,confident market that looks ahead for many good things to come...ALCOM,ALCOM,ALCOM boleh !!

ALCOM is waking up ...!!!

get ready, ALCOM should be flying soon..one of the few true blue small caps that is still sleeping..
Attention I3 smart investors !! hahaha...

at 10 pm tonight, Facebook live streaming, address by Tun Dr. Mahathir

https://www.facebook.com/TunDrMahathir/videos/10155585705358652/

there is more than meet the eyes here, no need to be too hasty to prejudge, i think, Airasia boss really have not much choice, esp. when he gets a call from the powers to be, to do his part...
Anyway, Tony know the new govt is not so unforgiving, hahaha

VOTE PAKATAN HARAPAN !!!

@anonymous / flying kite
are u really stuck big in BN counters or indirect interest ?
u really speaking out for Najib, the Bugis Pirate ?
Pls dont deceive yourself, listen to voice of conscience..

market up or down after elections, is just a passing phase, then other factors come to play.

notice, afternoon session got 335 lots Q at 76 sen,(morning session, 85 lots Q at 76), hoping to quietly collect from panic sellers ? real pro buyers, keep calm folks,..let the buyer panic buy not us sellers !

Is there a silent rebellion in the BN ranks?

http://rembautimes.com/2018/05/04/1113/

Rafidah Aziz: Tukar Kontrak Jaga Malaysia Kepada Pakatan Harapan, Batalkan Kontrak Lama

://www.youtube.com/watch?v=Fi635efNxxY

TERKINI:YEO BEE YIN-MUAR:KENAPA SYARIKAT CHINA TAK PAYAH BAYAR GST?

https://www.youtube.com/watch?v=PrsXXAmB80o

Return the power to the people on May 9
Ramon Navaratnam | Published on Today 6:30 pm | Modified on Today 6:32 pm

https://www.malaysiakini.com/letters/423238

Simple issue to decide, ' do you want a proven thief and his corrupt, arrogant political party to control the country destiny ?'
Any other option is better than current BN, we owe it to our conscience to do the right thing and vote Pakatan Harapan.

example of sudden rerating is TA, which is up 8.6% in 2 days aftr announcing dividend of 4.1 sen.
We can expect a similar case with ALCOM, when its Qtr results is out sometime in mid/end May, with possible +ve earnings surprise, and maybe even dividend !
So, lets hold firm,can see got good support at 78 sen level and buyers will get desparate soon..( their ploy to play cool backfire,.. hahaha !)

Quiet accumulation at 78 sen level.. sellers stay united, to await the Mar. Qtr results, not interested unless bid is raised higher than 80 sen..Yes !!

ALCOM's v. promising concept :

Proposed e-Commerce Hub with hybrid 3-in-1 space of showrooms, offices and storage to serve the needs of the growing digital businesses.
This unique development which is slated to commence in 2019 has a gross development value of approximately RM500 million.
This maiden foray into property, is targeted to generate profit of rm75 million, over a 5 year period.

ALCOM explanatory note to shareholders, dated 26th April 2018 :

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5772485

notice there are few buyers in morning sessions, n set low buy price below 75 sen. But in afternoon session, got more buyers, set higher price, up to 78.5 sen.
So, sellers, pls wait until afternoon session, to get a better price, v few willing to sell below 80 sen now..

@ivan9511 agree with you, i see ALCOM get stronger as AGM/EGM nears. heard that mar. Qtr results will be out in mid/end May.

dear I3 members , we face a clear and present danger now, Malaysia is in deep,deep danger of falling off the cliff, to be a lost nation, where lawless gangsters and robbers of the nation's wealth are in complete control. The present government do what they please, in clear violation of the law, and nothing can be done, to bring these scroundrels to justice.

But we can use our vote to try to put things right and put in a new government that will run the country, in compliance with the law and for the good of the people and not their own pockets.
Malaysia need a new government badly, after 60 over years of BN, we have had enough. Let's give P.Harapan a chance to govern...

its no secret , ALCOM only come alive at Qtr results announcements, current level is the most promising to collect, since the recent low is 70 sen..

@yuanlong57 thks !

if buyers still insist to be stingy, then let the market decide ALCOM's value when latest Qtr results to be revealed soon..haha

can see savvy buyers eager to collect at 75 sen or less level but no response, all holding firm for a fair n higher price...

extract frm ALCOM's latest annual report, on RM500 m property project, slated for 2019 :

The property market continued its consolidation phase in 2017 and we expect this trend to be sustained in 2018.
EM Hub Sdn. Bhd., a wholly-owned subsidiary within the Group, would focus on developing a niche and in-demand
product to differentiate itself in the market. The proposed land to be acquired at Kota Damansara, Selangor will
be developed into an e-Commerce Hub with hybrid 3-in-1 space of showrooms, offices and storage to serve the
needs of the growing digital businesses. This unique development which is slated to commence in 2019 has a
gross development value of approximately RM500 million.

if bgt at 73-75 lows yesterday, now already make money, that's the way to play now a days, so dont fear a down market, for a good fundamental stk like ALCOM, its a buy opportunity !

Pls note that drop in Aluminium metal price is GOOD for ALCOM, bcause ALCOM uses Aluminium as raw material (input cost) to produce finish products , eg coated finstock used in air-cond for export, etc.

at 73.5 sen, ALCOM is selling at PE of 10.15 based on on a 9-mth earning of 7.24 sen for fin. yr 31st dec.2017.
based on conservative 10% growth, prospective eps of 10.6 sen for 2018, ALCOM is selling at PE of 6.9 !!
lelong price , strong buy opportunity...

notice now ALCOM got ready buyers Q at 75.5-72 sens , n small lot selling to cause panic sell, but sellers hold firm, only 9 sellers, at 76 sen n above. looks like savvy investors collecting at this level, below 80 sen...buying opportunity now..